60 Days and Counting…..Offit Kurman Offers Special Briefing for Mortgage Officers/Originators to Help Prepare for January 10, 2014 CFPB Compliance Deadline
Philadelphia, PA (PRWEB) October 22, 2013 -- To help lenders prepare for this fast approaching deadline, Offit Kurman and The Collingwood Group are proud to offer a Special Briefing, Compliance Countdown: 60 Days Left to Prepare. The briefing will be held on Thursday, November 12th, 1 – 5 p.m , at the Wyndham Hotel In Philadelphia, PA. This half-day session will cover comprehensively and in –depth the rules and strategies needed to be compliant and competitive in this highly regulated environment. Delivered by attorneys and business strategists who are on the front lines, the focus is on practical, real world best practices that will enable businesses to be compliant and thrive.
Said attorney Ari Karen, a nationally recognized authority on Compensation Compliance in the mortgage banking industry and lead presenter of this Special Briefing:
“The CFPB and state regulators have announced their intention to coordinate enforcement of new and difficult to understand laws and regulations. Congress has passed new laws creating unprecedented liabilities for lenders. The threat of horizontal audits and third party liability has created a self-policing industry where regulatory and litigation risks can preclude continued business relationships. Fortunately, the majority of risks for lenders can be avoided by proper and efficient compliance management. Further, lenders can remain highly competitive if they fully understand the rules and on what regulators focus. This Special Briefing will provide invaluable practical advice and insight as to how lenders can be compliant and thrive in the current environment from advisers who on the front lines of these matters.”
To Register for the Event click here
A sampling of areas covered:
FHA Audits and Approval
o Understanding Your Risks and What is at Stake
o Common Lender Mistakes
o Overview of Current Regulatory Environment
Marketing and JV agreements
o Proper Usage and Structure
o Red Flags to Avoid Scrutiny
o Managing relationships to avoid liability
Loan Officer (LO) Comp and Affiliate Strategies - Understanding QM & ATR
o Modifying LO Comp Agreements
o Practical Impacts of ATR and QM
o The 3% Cap and Affiliate Compensation
Vendor Management Strategies
o Effective /Efficient Due Diligence
o Choosing Vendors
o Understanding and Managing Vendor Risks
Maximizing Opportunities for Industry Consolidation / Take Aways
o Overview of Lender Valuation
o Contingent Liability Negotiations
o Due Diligence or Vendors
o Compliance Alternatives
For more information on this special briefing, please contact Jeanne Hyatt at jhyatt(at)offitkurman(dot)com. To access the entire agenda as well as to register, please click here. (need hyperlink to invite)
ABOUT OFFIT KURMAN
Established in 1987, Offit Kurman Attorneys At Law is a dynamic legal services provider with clients throughout the mid-Atlantic region and beyond. Our comprehensive array of legal services includes commercial litigation, business law, real estate law, intellectual property, labor and employment, construction law, estate planning, asset protection, elder law, and more.
From day one the firm's focus has been on proactively protecting the concerns of privately held businesses as well as the people who own and operate them. Today, that commitment continues with a special emphasis on establishing and nurturing long-term legal advisory relationships with every single client.
To learn more about Offit Kurman Attorneys At Law, contact us.
MEDIA CONTACT:
Jeanne Hyatt
Education Manager
jhyatt(at)offitkurman(dot)com
Bryan Lawson, offit kurman, http://www.offitkurman.com, +1 4436796105, [email protected]
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